Ennis (NYSE:EBF) Posts Earnings Results

Ennis (NYSE:EBF) released its earnings results on Monday. The industrial products company reported $0.37 EPS for the quarter, missing the consensus estimate of $0.39 by ($0.02), Zacks reports. Ennis had a net margin of 10.84% and a return on equity of 13.89%.

Ennis Price Performance

Shares of NYSE EBF opened at $21.26 on Monday. The firm has a market capitalization of $537.94 million, a PE ratio of 12.73 and a beta of 0.27. Ennis has a 1-year low of $16.30 and a 1-year high of $22.94. The business’s fifty day moving average price is $21.62 and its two-hundred day moving average price is $21.16.

Analyst Ratings Changes

EBF has been the topic of several recent analyst reports. Wall Street Zen raised shares of Ennis from a “hold” rating to a “buy” rating in a report on Sunday, August 23rd. Weiss Ratings lowered shares of Ennis from a “buy (b-)” rating to a “hold (c+)” rating in a report on Wednesday, September 9th. One analyst has rated the stock with a Hold rating, According to data from MarketBeat, Ennis presently has an average rating of “Hold”.

About Ennis

Ennis, Inc (NYSE: EBF) is a manufacturer and supplier of printed business products headquartered in Midlothian, Texas. The company primarily serves independent distributors, print resellers and other business customers rather than selling directly to consumers.

Its product portfolio includes business forms, envelopes, labels, tags, checks, presentation folders, promotional products, apparel and other customized printed materials. Ennis also provides products used in commercial printing, packaging and workplace communications, with offerings manufactured through a network of production facilities and sold under various company brands.

Founded in 1909, Ennis has expanded over its history through organic growth and acquisitions in the printing and related product industries.